Tradia Balance Sheet Health
Financial Health criteria checks 4/6
Tradia has a total shareholder equity of ¥4.1B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are ¥10.0B and ¥5.9B respectively. Tradia's EBIT is ¥185.0M making its interest coverage ratio -2.2. It has cash and short-term investments of ¥1.5B.
Key information
96.8%
Debt to equity ratio
JP¥3.97b
Debt
Interest coverage ratio | -2.2x |
Cash | JP¥1.52b |
Equity | JP¥4.10b |
Total liabilities | JP¥5.94b |
Total assets | JP¥10.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9365's short term assets (¥4.0B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 9365's short term assets (¥4.0B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 9365's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: 9365's debt to equity ratio has reduced from 162.9% to 96.8% over the past 5 years.
Debt Coverage: 9365's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 9365 earns more interest than it pays, so coverage of interest payments is not a concern.